GM to Invest $200 Million to Expand Michigan Complex
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General Motors Co., planning to invest $1.5 billion in North America this year, today said it would spend $200 million to expand a Michigan powertrain complex.
The project includes construction of a new test wing at the global engineering headquarters in Pontiac, GM said in a statement today. The Detroit-based automaker is introducing about 20 new vehicles in the U.S. this year to freshen its product lineup, which has grown stale following the company’s 2009 bankruptcy reorganization.